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ANF — Abercrombie & Fitch News Story

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Apparel retailer Abercrombie & Fitch's Q3 sales slightly beat estimates on Hollister strength

Overview

Abercrombie & Fitch Q3 net sales rise 7% to $1.3 bln, slightly beating expectations

Adjusted EPS for Q3 beats analyst expectations, reaching $2.36

Company repurchased $100 mln in shares during Q3

Outlook

Company narrows full-year net sales growth outlook to 6% to 7%

Abercrombie & Fitch expects Q4 net sales growth between 4% and 6%

Company forecasts fiscal 2025 EPS between $10.20 and $10.50

Result Drivers

HOLLISTER GROWTH - Hollister brands grew 16% driven by strong back-to-school and fall seasonal transition

REGIONAL PERFORMANCE - Net sales growth led by Americas and EMEA, both up 7%, offset by 6% decline in APAC

INVESTMENTS IMPACT - Operating margin of 12.0% achieved despite 210 basis points of adverse tariff impact, supported by investments in marketing, digital, and technology

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 SalesSlight Beat*$1.29 bln$1.28 bln (9 Analysts)
Q3 Adjusted EPSBeat$2.36$2.16 (10 Analysts)
Q3 Net Income$115.10 mln
*Applies to a deviation of less than 1%; not applicable for per-share numbers. Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell" The average consensus recommendation for the apparel & accessories retailers peer group is "buy" Wall Street's median 12-month price target for Abercrombie & Fitch Co is $96.00, about 31.7% above its November 24 closing price of $65.61 Press Release: ID:nGNX79nrWG For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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